"With effective policies and timely responses, China has managed to curb the spread of the virus and at the same time kept industrial chain stable and smooth," he said. "These efforts have helped ASEAN (Association of Southeast Asian Nations), especially Cambodia, mitigate the impacts from the virus on our economy." Enditem
HANGZHOU, Aug. 13 (Xinhua) -- An all-cargo air route linking Hangzhou, capital of east China's Zhejiang Province, and Spain's Madrid was launched Thursday.
U.S. President Donald Trump's gamble is likely to backfire, said Castrillon.
"We hope these treaties could continue," he said. Enditem
Let business be business; geopolitical issues are too heavy for business to carry, said Ni Pin, president of Wanxiang America Corporation and chairman of CGCC Chicago.
The remarks were made by Foreign Ministry spokesperson Wang Wenbin in response to U.S. executive orders issued Thursday, which ban transactions carried out by American companies or individuals with parent companies of WeChat and TikTok apps.
Wang emphasized that be it companies from Europe or other parts of the world, they are optimistic about China's economic prospect and improving business environment.
"This very huge market access enables Cambodia to diversify its products and markets and reduce over-reliance on a few trading partners, i.e., Europe, U.S., and Canada, who traditionally trade with Cambodia on a concessional basis such as Everything But Arms (EBA), Generalized System of Preferences (GSP)," he said.
It is neither necessary nor possible for the two sides to change each other, Wang stressed. "Instead, we should respect the choice independently made by the people of the other side."
China is committed to the policy of "one country, two systems," Wang reiterated, saying that with the strong support from the mainland, an improved legal environment, and the united efforts of the Hong Kong compatriots, China can surely uphold and better implement the policy of "one country, two systems."
The China-U.S. relationship needs to be recalibrated, said William Zarit, chairman of American Chamber of Commerce in China, adding that statesmanship is required.